Iraq: Pharmaceutical Rubber Articles Market 2025

Pharmaceutical Rubber Articles Market Size in Iraq

The Iraqi pharmaceutical rubber articles market dropped notably to $X in 2021, waning by -33.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Pharmaceutical Rubber Articles Exports

Exports from Iraq

In 2021, approx. X units of hygienic or pharmaceutical articles of rubber were exported from Iraq; standing approx. at 2020. In general, exports recorded a sharp contraction. The smallest decline of 99.9% was in 2017. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, pharmaceutical rubber articles exports stood at $X in 2021. Over the period under review, exports saw a dramatic shrinkage. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Honduras (X units) was the main destination for pharmaceutical rubber articles exports from Iraq, with a approx. 100% share of total exports.

From 2016 to 2021, the average annual growth rate of volume to Honduras was relatively modest.

From 2016 to 2021, the average annual growth rate of value to Honduras was relatively modest.

Export Prices by Country

In 2021, the average pharmaceutical rubber articles export price amounted to $X per unit, approximately reflecting the previous year. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2016 to 2021, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Pharmaceutical Rubber Articles Imports

Imports into Iraq

In 2021, imports of hygienic or pharmaceutical articles of rubber into Iraq reduced sharply to X units, falling by -40.1% against the previous year's figure. In general, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 666%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, pharmaceutical rubber articles imports dropped rapidly to $X in 2021. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 1,044% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Iran (X units), China (X units) and Belgium (X units) were the main suppliers of pharmaceutical rubber articles imports to Iraq, together comprising 86% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +47.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Belgium ($X) and China ($X) were the largest pharmaceutical rubber articles suppliers to Iraq, together comprising 86% of total imports.

China, with a CAGR of +39.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pharmaceutical rubber articles import price amounted to $X per unit, increasing by 20% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 66%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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